This module allows you to analyze existing cross correlation between Nasdaq and NYSE. You can compare the effects of market volatilities on Nasdaq and NYSE and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Nasdaq with a short position of NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and NYSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.04 times less return on investment than NYSE. In addition to that, Nasdaq is 1.56 times more volatile than NYSE. It trades about 0.38 of its total potential returns per unit of risk. NYSE is currently generating about 0.61 per unit of volatility. If you would invest 1,278,583 in NYSE on December 17, 2017 and sell it today you would earn a total of 50,849 from holding NYSE or generate 3.98% return on investment over 30 days.